October 4, 2012 Audit Committee Meeting & Board Formal Session

AGENDA

Oakland University
Board of Trustees
Audit Committee Meeting
October 4, 2012, 10:00 a.m.
Room 125, Anton/Frankel Center, Mt. Clemens
Presiding: Chair Ronald E. Robinson

Live Video Conference Campus Site - 242 Elliott Hall

A.        Call to Order -- Chair Ronald E. Robinson

B.        Reports

            Tab 1.    Status of Enterprise Risk Management Project --
                            Presented by: Trustee Mark E. Schlussel

C.        New Items for Consideration

            Tab 2.    Draft Financial Statements, June 30, 2012 and 2011
                            Presented by: Randy Morse

            Tab 3.    Draft Schedule of Expenditures of Federal Awards Programs in Accordance with                             OMB Circular A-133 Year Ended June 30, 2012
                            Presented by: Randy Morse

D.        Adjournment

E.        Closed Session

Consideration. The Audit Committee reserves the right to add or delete agendum items during any meeting and to discuss or postpone any agendum item during any meeting. If a quorum of the Board of Trustees is present at an Audit Committee meeting, the Board of Trustees reserves the right to convene a Special Formal Session to act on any agendum item presented to the Audit Committee.

Rules for Addressing the Board. Any person wishing to address the Audit Committee at a meeting must submit a written request to the Office of the Board of Trustees prior to the meeting or to a representative of the Office of the Board of Trustees, at the meeting, that includes the person’s name and the subject matter the person wishes to address. The Audit Committee generally limits the length of time that a person may address the Audit Committee to two (2) minutes, and will designate the time for public participation during a certain part of the agenda.

Disabilities and Special Assistance. Any person with a disability requesting special assistance should contact the Office of the Board of Trustees no less than three (3) business days before the scheduled meeting for which the special assistance is being requested.

Contact Information. Contact the Board of Trustees in writing at 203 Wilson Hall, Oakland University, Rochester, Michigan 48309-4401, by telephone at (248) 370-3112, or by email at [email protected].

AGENDA

Oakland University
Board of Trustees Formal Session
October 4, 2012, 2:00 p.m.
Room 125, Anton/Frankel Center, Mt. Clemens
Presiding: Chair Michael R. Kramer

Live Video Conference Campus Site - 242 Elliott Hall

A.        Call to Order -- Chair Michael R. Kramer

B.        Roll Call -- Secretary Victor A. Zambardi

C.        Reports

            Tab 1.    Treasurer's Report -- John W. Beaghan
            Tab 2.    Housing Project Status Report by Public Financial Management, Inc. Consultants --                               Mary Beth Snyder

D.        Consent Agenda for Consideration/Action -- Chair Michael R. Kramer

            Tab 3.    Consent Agenda
                            Tab 4.    Minutes of the Board of Trustees Formal Session of August 6, 2012                             Tab 5.    University Personnel Actions
                            Tab 6.    Acceptance of Gifts and Pledges to Oakland University for the Period of                                               July 1 through September 18, 2012
                            Tab 7.    Acceptance of Grants and Contracts to Oakland University for the Period
                                              of July 1, 2012 through August 31, 2012
                            Tab 8.    Final Undergraduate School and Graduate School Reports -- Summer I 2012
                                              -- June 27, 2012
                            Tab 9.    Acceptance of Meadow Brook Subdivision Financing Guarantee Report                             Tab 10.  Architectural and Engineering Firm for the Engineering Center -- Amendment
E.        New Items for Consideration/Action

            Tab 11.    Amendment to the Residency Classification for Admission and Tuition Purposes --                                 Susan M. Awbrey
            Tab 12.    Agreement between Oakland University and the Oakland University Chapter of the                                 American Association of University Professors (AAUP), August 15, 2012 -
                                August 14, 2015 -- Susan M. Awbrey
            Tab 13.    Financial Statements, June 30, 2012 and 2011 -- Trustee Ronald E. Robinson
            Tab 14.    Schedule of Expenditures of Federal Awards Programs in Accordance with                                 OMB Circular A-133 Year Ended June 30, 2012 -- Trustee Ronald E. Robinson
            Tab 15.    Fiscal Year 2014 Five-Year Capital Outlay Plan -- John W. Beaghan

F.         Other Items for Consideration/Action that May Come Before the Board

G.        Adjournment

Action. The Board of Trustees reserves the right to add or delete agendum items during any formal session and to discuss, act on, or postpone, any agendum item during any formal session.

Rules for Addressing the Board. Any person wishing to address the Board of Trustees at a formal session must submit a written request, to the Office of the Board of Trustees prior to the formal session or to a representative of the Office of the Board of Trustees at the formal session, that includes the person's name and the subject matter the person wishes to address. The Board of Trustees generally limits the length of time that a person may address the Board of Trustees to two (2) minutes, and will designate the time for public participation during a certain part of the agenda.

Disabilities and Special Assistance. Any person with a disability requesting special assistance should contact the Office of the Board of Trustees no less than three (3) business days before the scheduled formal session for which the special assistance is being requested.

Contact Information. Contact the Office of the Board of Trustees in writing at 203 Wilson Hall, Oakland University, Rochester, Michigan 48309-4401, by telephone at (248) 370-3112, or by email at [email protected].

10/3/12